PCIA Short Term Market Offer
SCE is offering renewable energy sourced from its PCIA-eligible RPS portfolio for the 2023-2024 compliance period: buyers can propose to purchase up to 100% of short-term RPS-eligible energy and RECs, or up to 65% of long-term RPS-eligible energy and RECs, with delivery terms spanning remainder-of-2023, through 2024, or 2024-only. Contracts require CPUC approval and are structured as forward products with terms between 2023 and 2024.
Important dates
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Published
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Submission deadline
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AI overview
Southern California Edison Company (SCE) is offering to all market participants the remaining Power Charge Indifference Amount (PCIA)-eligible RPS energy not accepted during its Voluntary Allocation (VA) process. This Short-Term Market Offer (MO) process allows SCE to offer for sale a 'slice' of its remaining PCIA-eligible RPS portfolio for the remainder of the current RPS compliance period, 2023-2024. Buyers may submit Proposals to purchase from SCE up to 100% of its bundled and unbundled Short-Term RPS-eligible energy and associated RECs and up to 65% of its bundled and unbundled Long-Term RPS-eligible energy and associated RECs, as short-term contracts for terms between 2023 and 2024. The delivery term options are: (a) from Commission approval of the Buyer's contract (CPUC Approval Date) through the remainder of 2023, (b) from the CPUC Approval Date through 2024, or (c) for 2024 only. SCE is only selling a forward Product in the Market Offer.
Resources & contact
Proposal Document
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